MD HB939 | 2016 | Regular Session

Maryland House Bill 939 (Prior Session Legislation)

Status

Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 10 2016 - 25% progression, died in committee
Action: 2016-03-04 - Hearing 3/04 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Altering the definition of "qualified rehabilitation expenditure", for purposes of the sustainable communities tax credit, to exclude any amounts funded by federal grants; repealing the requirement that the competitive award process for the award of initial credit certificates favor underrepresented jurisdictions; extending the termination of the sustainable communities tax credit from July 1, 2017, to July 1, 2022; etc.

Title

Sustainable Communities Tax Credit - Alteration and Extension

History

Date	Chamber	Action
2016-03-04	House	Hearing 3/04 at 1:00 p.m.
2016-02-10	House	First Reading Ways and Means

Subjects

Community Development
Counties
Federal Government
Grants
Historical Matters
Loans
Municipal Corporations
Tax Credits
Taxes - Income

Maryland State Sources

Type	Source
Summary	https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0939?ys=2016rs
Text	https://mgaleg.maryland.gov/2016RS/bills/hb/hb0939f.pdf
Supplement	https://mgaleg.maryland.gov/2016RS/fnotes/bil_0009/hb0939.pdf